Idaho ranks 32nd in total VA home loans during Q3

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Idaho ranked 32nd in VA home loans in the third quarter of 2023 with 266 loans issued, according to the Veterans’ Affairs Home Loans Index.

The VA assists service members, veterans, and eligible surviving spouses in achieving homeownership through loans provided by banks and mortgage companies.

A portion of the loan is guaranteed by the VA, enabling lenders to provide better rates.

Several VA housing programs can help members buy, build or repair their homes. Loan types may include home purchase loans, interest rate reduction refinance loans (IRRRL), and adapted housing grants geared toward veterans with a service-connected disability.

The following table shows the ranking of states in terms of total VA home loans.

Total VA Home Loan Value, Ranked by State (2023, Q3)
Rank State Total VA Home Loan
1 Texas $1.5 billion
2 Florida $1.4 billion
3 Virginia $980.7 million
4 California $949.1 million
5 North Carolina $716 million
6 Georgia $650.9 million
7 Colorado $519.3 million
8 Arizona $465.7 million
9 Washington $464.5 million
10 Tennessee $399.2 million
11 South Carolina $397.1 million
12 Maryland $362 million
13 Alabama $307.1 million
14 Ohio $256.2 million
15 Missouri $224 million
16 Nevada $222.4 million
17 Pennsylvania $210.4 million
18 Illinois $209.3 million
19 Oklahoma $182.4 million
20 Indiana $174.7 million
21 Michigan $170.9 million
22 Utah $151.8 million
23 Hawaii $147.5 million
24 Kentucky $137.1 million
25 Minnesota $135.2 million
26 New Jersey $132.7 million
27 Oregon $132.5 million
28 New York $127.7 million
29 Wisconsin $113.9 million
30 Louisiana $112.7 million
31 Arkansas $109.2 million
32 Idaho $108.5 million
33 Massachusetts $105.1 million
34 Mississippi $101.8 million
35 New Mexico $101.8 million
36 Kansas $98.9 million
37 Alaska $94 million
38 Nebraska $81 million
39 Iowa $73.9 million
40 Montana $63.2 million
41 Connecticut $54.3 million
42 New Hampshire $54 million
43 Maine $47.2 million
44 West Virginia $47.2 million
45 South Dakota $43.3 million
46 Delaware $42.3 million
47 Wyoming $34.4 million
48 Rhode Island $28.9 million
49 North Dakota $26.9 million
50 District of Columbia $26.5 million
51 Puerto Rico $13 million
52 Vermont $12.6 million
53 Guam $11.2 million
54 Virgin Islands $1 million


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